GE Vernova reports Q4 2024 record orders $13.2B, revenue $10.6B, net income $484M

GE Vernova Inc.

2024-FY EPS reported $5.58 revenue$34,935,000,000

Record orders of $13.2B, +22% organically, led by Power and Electrification equipment.
Record revenue of $10.6B, +5% (+9% organic); net income $484M, +$279M YoY.
Adjusted EBITDA $1.1B and margin 10.2%; free cash flow $0.6B.
Full year 2024: orders $44.1B, revenue $34.9B, net income $1.6B, free cash flow $1.7B.
Reaffirming 2025 guidance: revenue $36-37B, adjusted EBITDA margin high-single digits, FCF $2.0-2.5B.

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